Aspen Real Estate Blog

Aspen / Snowmass November 2011 Notable Sales:

Michael Perau - Friday, December 09, 2011

For the month of November 2011, there were 4 significant sales in Aspen that included 501 West Buttermilk Road that sold for $6 million, 9 Pyramid Road for $8.67 million, 151 Nighthawk Drive on Red Mountain for $15 million, and 24 Little Cloud for $16.05 million. All sales were 5 plus bedrooms and over 7,500 square feet.  This year for 2011 there have been a total of 22 luxury home sales over $8 million.

Overall there were 19 residential sales that closed at 86% of list price at $981.00 per square foot for the month of November.  There are currently 43 additional properties at an average price of $2.4 million that are under contract.  Aspen / Snowmass real estate continues to perform remarkably amidst economic uncertainty and global unrest. 



 



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